PARLIAMENTARY WRITTEN QUESTION
Business Rates: Coronavirus (29 April 2020)
Question Asked
Asked by:
Darren Jones (Labour)
Answer
The Government has provided enhanced support to the retail, hospitality and leisure sectors through business rates relief given the direct and acute impacts of the COVID-19 pandemic on those sectors.
A range of further measures to support all businesses, including those not eligible for the business rates holiday, such as English language centres, has also been made available. For example, the Government has launched the Coronavirus Job Retention Scheme to help firms keep people in employment, the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs, and is deferring VAT payments for this quarter.
The Government will consider any further financial assistance necessary to help businesses get through this period.
Answered by:
Jesse Norman (Conservative)
11 May 2020
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